Interview

Hunting for Value in a Pumped-Up Market

Stockpickers Douglas Chudy and David Dusenbury, of Dalton Greiner Hartman Maher, discuss the stocks they like now.

A decade ago, the founders of Dalton Greiner Hartman Maher, a New York–based investment firm, began giving increased responsibilities to the younger generation of value managers they'd hired and trained. The younger managers have repaid their trust well.

In the 10 years through March, the flagship DGHM AllCap Value strategy has returned 10.8% a year, versus 7.4% for the Standard & Poor's 500 and 6.8% for the Lipper Multicap Value Index, all while keeping volatility below market levels. The firm runs $1.9 billion in...